third-party password managers in the enterprise

[krymson () gmail com]

Does anyone have any experience on rolling out or using (or banning) use of third-party "secure" password managers in 
an enterprise 200-1000 users)? I'm just looking for ideas or feedback as this question has been raised in our 
organization. Examples of such apps could be PasswordSafe and KeePass.

These applications are simply encrypted databases which require a user-supplied password in order to open them. The 
user can then populate the database with their logins and passwords. This allows the user a secure storage for multiple 
logins and they only really have to remember the one password to unlock the database.

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